REGISTERED NUMBER: 04986645 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2024

FOR

BLATCH & GREEN LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R Blatchford

N Green

Mrs K V Blatchford

SECRETARY:

R Blatchford

REGISTERED OFFICE:

Westgate House

87 St Dunstans Street

Canterbury

Kent

CT2 8AE

REGISTERED NUMBER:

04986645 (England and Wales)

ACCOUNTANTS:

Spain Brothers & Co

Chartered Accountants

Westgate House

87 St Dunstans Street

Canterbury

Kent

CT2 8AE

FIXED ASSETS

Tangible assets

4

19,740

10,194

CURRENT ASSETS

Debtors

398,117

585,722

Cash at bank

501

501

398,618

586,223

CREDITORS

Amounts falling due within one year

698,444

880,724

NET CURRENT LIABILITIES

(299,826

)

(294,501

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(280,086

)

(284,307

)

CREDITORS

Amounts falling due after more than one year

16,193

14,167

NET LIABILITIES

(296,279

)

(298,474

)

CAPITAL AND RESERVES

Called up share capital

6

2

2

Retained earnings

(296,281

)

(298,476

)

SHAREHOLDERS' FUNDS

(296,279

)

(298,474

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31st December 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30th October 2025 and were signed on its behalf by:

R Blatchford - Director

1.	STATUTORY INFORMATION

Blatch & Green Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

The principal activity of the Company is development of building projects.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

When the outcome of a construction contract can be estimated reliably, turnover is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to the surveyors valuation.

Where the outcome cannot be measured reliably, contract costs are recognised as an expense in the period in which they are incurred and contract turnover is recognised to the extent of costs incurred that it is probable will be recovered.

When it is probable that contract costs will exceed the total contract turnover, the expected loss is recognised as an expense immediately, with a corresponding provision.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and

accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful

life or if held under a finance lease, over the lease term, whichever is shorter:

Tools and Equipment - 15% on reducing balance

Office furniture and equipment - 25% on reducing balance

Motor vehicles - 25% on reducing balance

.

Taxation

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Stocks and amounts recoverable on contracts

Amounts recoverable on contracts is stated at the lower of cost plus attributable overheads and net realisable value less progress payments made.

The net realisable value of long-term contracts (those extending over more than one year or of material significance) has incorporated estimated costs to completion. A prudent level of profit attributable to the contract activity is taken up only if the outcome of such contracts can be reliably assessed. Full provision is always made for any losses in the year in which they are first foreseen. The amount by which turnover exceeds payments on account is shown under debtors.

Debtors and creditors receivable/payable within one year

Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1st January 2024

55,283

Additions

17,495

Disposals

(3,500

)

At 31st December 2024

69,278

DEPRECIATION

At 1st January 2024

45,089

Charge for year

6,259

Eliminated on disposal

(1,810

)

At 31st December 2024

49,538

NET BOOK VALUE

At 31st December 2024

19,740

At 31st December 2023

10,194

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

Additions

17,495

At 31st December 2024

17,495

DEPRECIATION

Charge for year

4,374

At 31st December 2024

4,374

NET BOOK VALUE

At 31st December 2024

13,121

5.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Other loans

14,167

24,167

Hire purchase contracts

16,399

-

30,566

24,167

Included in other loans is the Coronavirus Bounce Back Loan, which is backed by the UK Government, who have guaranteed 100% of the loan balance directly with the lender.

Amounts due under hire purchase contacts are secured on the assets concerned.

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

2

£1 Ordinary Shares

£1

2

2

7.	RELATED PARTY DISCLOSURES

The Company purchased good and services totalling £193,378 (2023 £235,408) to Team G Partners LLP. Mr N Green, a director in the Company has an interest in Team G Partners LLP. £(6,088) was payable at the year end (2023 £(8,088).

The Company owed Mr R Blatchford, a director of the company £122,229 (2023 £128,739).

All transactions were at arms length.

8.	GOING CONCERN

The financial statements have been prepared on a going concern basis. The company is showing net current liabilities of £299,826 (2023 £294,501), and net liabilities of £296,279 (2023 £298,474) as at 31st December 2024. The company therefore relies upon the continued support of the directors. The directors are satisfied this continued support will be forthcoming.